Home > Economic development, Haley Barbour, News > New automotive plant in Tunica?

New automotive plant in Tunica?

Updated at 3:15 p.m.: Here is the official GreenTech press release.

A start-up automotive company unveiled prototypes of the cars it one day hopes to build at a plant in Tunica.

Chinese businessman Charles Wang, CEO of GreenTech Automotive, said in a press release, according to the Associated Press, that he hopes to build 250,000 hybrid vehicles a year at the $6 billion plant on a 1,500 acre mega-site in Tunica County.

Employment at the plant, according to Wang, would hover around 4,500.

To this point, scarce few details have been made available from Wang, Gov. Haley Barbour’s office or the Mississippi Development Authority. An MDA representative reached by Magnolia Marketplace declined comment this morning, citing confidentiality agreements.

For details on this morning’s unveiling ceremony, click here.